TORONTO, Feb. 2 /CNW/ - Globalive Wireless Management Corp. (WIND Mobile) today announced its intention to enter into a private debt financing for the purposes of continuing to expand the WIND Mobile network, create new distribution partnerships and for general working capital purposes. Globalive has engaged Canadian and international investment banks to assist in placing the debt financing.
The financing will not impact the ownership and control structure of WIND Mobile.
Any securities offered in connection with the debt financing (i) have not been and will not be registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States without registration under the Securities Act of 1933, as amended, or pursuant to an applicable exemption from such registration and (ii) may and only will be offered in Canada to accredited investors on a basis exempt from the requirement to file a prospectus.
This announcement does not constitute an offer to sell, or the solicitation of offers to buy, any security and shall not constitute an offer, solicitation or sale of any security in any jurisdiction in which such offer, solicitation or sale would be unlawful.
About WIND Mobile
WIND Mobile provides voice, text and data services to Canadians on a next-generation wireless network and is committed to offering a level of wireless service presently not available in Canada. WIND Mobile is built on actual conversations that are happening with Canadians who are passionate about wireless and creating a better mobile offering nationally. For more information, please visit: www.WINDmobile.ca.
SOURCE WIND Mobile
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